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Debt Consolidation Finance

Are you finding yourself in a difficult financial situation and trying to manage multiple payments to various creditors?

Mashreq Al Islami could help you with your debt consolidation, and you could benefit from having just one regular repayment to manage.

Our debt consolidation program can help you to get out of debt sooner. By combining all your debts into one personal finance, you can save on profit repayments.

Benefits offered by our Debt Consolidation Program:

  • Lower monthly payments
  • Increased disposable income
  • Reduced profit payments over lifecycle
  • Higher Finance amount – AED 1 Million for Expats and AED 3 Million for UAE Nationals
  • Flexible Finance tenor up to 48 months or 60 months for Ministry of Defense employees


  • Valid Passport Copy with Valid residence visa for Expatriates
  • Valid Emirates ID
  • Salary Transfer Letter from employer as per Mashreq format or Salary certificate for Government / semi Government
  • Latest 3 months Bank statement with salary credits

*Terms and Condition apply

Schedule of Charges

Terms and conditions

Takaful Terms and conditions

Personal Finance Terms & Conditions